August is famously the month when most of Europe hits the beach. Markets are quiet, parliaments are closed, and very little happens.
European Union leaders are under pressure to take action to stem the spreading debt crisis. CNBC's Michelle Caruso-Cabrera with the details.
What has become clear to anyone who is not actually running a euro zone member state or a central bank in Frankfurt is that reacting to yesterday’s crisis simply leads to tomorrow’s crisis.
Let's make this quite clear: there is no need for the markets to get spooked by German Finance Minister Wolfgang Schaeuble's comments about "no carte blanche for ESFS bond buying".
Since the euro zone debt crisis began, disagreements between the German Chancellor and the head of the European Central Bank have hampered attempts to find a lasting solution, analysts have said.
German Chancellor Angela Merkel pressed Monday for a quick agreement on a new rescue package for Greece, and said she is confident that Italy will push through an austerity plan.
German Chancellor Angela Merkel has certainly changed her tune. Now she's warning about the exposure of European financial institutions to credit default swaps that insure Greek bonds.
Germany has been a frequent cudgel in recent fights over the American economy. When Germany has grown faster than the United States, stimulus skeptics like to point across the Atlantic Ocean and say that austerity works. When it has grown more slowly, people who think the American stimulus made a big difference — including me — return the favor the Mew York Times reports.
Nuclear safety watchdogs and G20 energy ministers gathering in Paris on Tuesday and Wednesday to work on reinforcing nuclear safety around the globe in the wake of the Japanese nuclear disaster at Fukushima last March were keen to stress nuclear energy is still a viable source of alternative energy.
We often get a frenzy of negative Europe speculation on a Friday afternoon either from fear of what might emerge over the weekend or mischief-making by Dollar-bulls. And today is no exception.
Angela Merkel, German chancellor, has spelt out her strong opposition to restructuring debt in any member state of the eurozone, contradicting speculation that Germany was pushing such a solution in Greece.
Germany and the rest of Europe will loan Athens more money to keep Greece servicing its debt and prevent writedowns by European governments and banks on loans they've already made to Greece.
Could there really be a "Green" German Chancellor one day? What would that mean? How "green" can Germany get? ... Questions I am being asked rather often these days - even and especially from outside Germany, says CNBC's Silvia Wadhwa.
The German government led by Angela Merkel is facing urgent calls from the country’s normally reticent business community for a return to “rational and reliable” economic policies, in a sign of its disenchantment with the centre-right coalition, the Financial Times reports.
Angela Merkel, German chancellor, has blamed Japan’s nuclear crisis, triggered by this month’s earthquake, for the “very painful defeat” suffered by her ruling party in the state of Baden-Württemberg, the Financial Times reports.
German Chancellor Angela Merkel has deeply strained relations with allies in the European Union and the NATO alliance, raising new questions about Germany’s ability to play a global role in foreign policy, the New York Times reports.
Two weeks before the regional elections in Baden-Württemberg, a traditional stronghold of Chancellor Angela Merkel´s Conservative party CDU, the nuclear crisis in Japan has put German nuclear politics at the heart of the political discussions.
If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
Bundesbank president Axel Weber said a lack of political acceptance in the eurozone for his hawkish monetary views had driven his abrupt decision not to run. The FT reports.